Abstract

GOMEZ MEJIA, Alberto. Economic liberalization and economic growth. Multinomial Logit model applied to the "Doing business" methodology. Entramado [online]. 2011, vol.7, n.1, pp.32-49. ISSN 1900-3803.

The application of Multinomial Logit models corroborates in a technical manner that there is a direct relationship between the stimulus for the opening of enterprises and the level of income per capita. The regression indicators show that the selected criterion by the Doing Business Methodology explain that if a country implements those criterion, increases the possibility of rising to a superior per capita income, which implies a greater economic growth and a potential economical development.

Keywords : Business opening; closing a business; construction license; credit; economic growth; enforcing contracts; investor protection; logit; property registration; taxes; trade across borders.

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